How Much Is Your Solar System Worth To Home Buyers?

It could be a lot.  Several large studies now show that solar can increase home values by as much as $15-25K depending on system size and age. But most solar system owners undersell the benefits when they market their home. The typical listing for a home with solar panels says somewhere in the details…..wait for it…..solar.  

Screen Shot 2014-05-21 at 3.01.33 PMSellers should say more. Buyers are interested in saving money on their energy bills, and this can be a differentiator to get a home sold faster. Some systems even earn money by selling energy back to the utility, a big selling point. Even in cases where the solar system is leased and cash flow is about break-even, buyers are interested in the environmental benefits of a home with clean energy. And for many leased systems, convincing the new buyer to keep the lease is crucial – newer leases now require home sellers to “buy out” the remaining lease term if the new owners don’t agree to the lease’s conditions.

Savenia helps homeowners, realtors, builders and renovators unlock the value of efficiency upgrades – and with our large databases, we’re in a great position to help solar homeowners cash in on their investments.
If you have solar on your home and wondered how best to market this to buyers – please get in touch at info@savenialabs.com.  Or sign up to learn more here.
Thanks everyone for your continued support!